Latest news from Heavy Lift & Project Forwarding International Magazine

Erickson acquires Evergreen Helicopters

March 20 - Oregon, USA based Erickson Air-Crane International is set to acquire Evergreen Helicopters Inc. (EHI) in a deal worth USD250 million.

Erickson Air-Crane - operator and manufacturer of the Erickson S-64 Aircrane heavy-lift helicopter - executed a stock purchase agreement of EHI from Evergreen International Aviation.

EHI, based in McMinnville, Oregon, is a provider of air transport services for cargo and personnel to government and commercial customers. The acquisition will land Erickson Air-Crane a fleet of 64 aircraft, consisting of both helicopters and fixed-wing airplanes. EHI has a presence in North America, Middle East, Africa and the Asia-Pacific.
Udo Rieder, president and ceo, Erickson Air-Crane, said: "We are very excited to be on the cusp of truly transforming our business. We are successfully transcending our market position as a leader in heavy-lift operations to build a diverse, global aviation services provider."
The transaction is expected to close during the second quarter of 2013.

Heavy Lift | News

Zeamarine restructuring continues  thumbnail image

Zeamarine restructuring continues 

February 17 - Zeamarine has confirmed that its German booking and operating divisions – Zeamarine Bremen, Zeamarine Germany and Zeamarine Chartering – will operate under court supervision, in accordance with creditor protection conditions.
Views: 1124
Ambercor completes yankee move thumbnail image

Ambercor completes yankee move

February 17 - Canada-headquartered Ambercor Shipping has coordinated the delivery of a yankee dryer and two through-air dryer (TAD) rolls in Quebec.
Views: 327
Duluth awarded infrastructure grant thumbnail image

Duluth awarded infrastructure grant

February 17 - The US Department of Transportation’s Maritime Administration has allocated a USD10.5 million grant to the Duluth Seaway Port Authority. 
Views: 336
Wm. O'Brien opens in the USA thumbnail image

Wm. O'Brien opens in the USA

February 17 - Ireland’s Wm. O'Brien is opening its first office in the USA, in Princeton, New Jersey.
Views: 384

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